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BUSINESS
WFH opens up new avenues, reorients career paths for women
The new workaround is working for those who would otherwise have had to ditch successful careers
BUSINESS
Here’s why risk-taking has worked well for Star Health Insurance
Unlike other health insurers, who focus on covering only healthy individuals, Star Health covers even those who have ailments such as cancer, diabetes or cardiac disease. Despite this being a risky strategy, the insurer has done well, and is on course to record 45% YoY growth in premium collection this year
BUSINESS
Here is how you can 'kill' coronavirus through these appliances
A slew of appliances claim to kill the coronavirus present on surfaces, food, air and even water in a few minutes. But are they the need of the hour?
BUSINESS
As placement season approaches, jobless old students seek option to sit for interviews again
Though institutes can allow old students to come back and sit for placements within 2-3 years of passing out, it is only meant for students who opted out of placements to pursue entrepreneurial activities. Now, many institutes are looking at special arrangements.
BUSINESS
How HUL is dealing with sexual harassment and ensuring women are safe at the workplace and beyond
Women employees are encouraged to complain about any sexual harassment without fear of retaliation. To prevent harassment and ensure their safety, women are encouraged to avoid late working hours. When one does work late, her line manager gets an automated alert. Female employees also have the option of having a male colleague escort them home if they leave office after 8:30 pm.
BUSINESS
Zero-interest EMIs, gifts, extended warranty and cashbacks: White goods makers go all out this festive season
Every year, sales worth Rs 4,500 crore are clocked between August and December. Owing to COVID-19, there was a 65 percent decline in revenue in April, May and the first half of June. Appliance makers are hoping to make up for it in October and November.
BUSINESS
GRE exam cost up by 3.9% but competitor rates higher, says ETS official
the cost increase for the exam was due to the fact that ETS reviews test fees worldwide on a regular basis and adjusts fees when necessary, the official added.
BUSINESS
Why there has been an 8% increase in sexual harassment complaints at Nifty50 firms
The rising number of such cases signals a growing awareness among women workers about their rights, forcing several companies to ensure safer workplaces
BUSINESS
Explained: Here’s how scores will be calculated in the new colour-coded health insurance plans
Products with a score of 2 or less will be classified green, more than 2 and less than 4 will be orange, while those above 4 and up to 6 will be red. Seven parameters will be considered for the coding system.
BUSINESS
Explained: Here are the changes LIC will have to undergo before it gets listed on exchanges
For one, the LIC Act, 1956, will have to be amended to increase the capital base. Simplification of investment books and additional public disclosures are the other steps. A combination of Indian and international listing is expected to be the model.
BUSINESS
Helloverify's HelloV: Get instant background verification on WhatsApp
Helloverify's new service is targeted at both individuals and small businesses, and people can use this service to verify their tenants, employees, drivers, nannies, security guards, cooks or other domestic help instantly. The service even checks for criminal records apart from identity and address checks.
BUSINESS
Exclusive: No single pension regulator; retirement, annuity plans will remain under IRDAI purview: Finance Ministry
In 2015, PFRDA had sought permission from the government to be the sole regulator for all pension products, including those sold by insurers. With this decision, pension products across the financial sector will continue to be overseen by various regulators
BUSINESS
New RFPs for selection of pension fund managers likely by mid-December: PFRDA chairman
PFRDA chairman Supratim Bandyopadhyay said that an internal committee will work out the floor cap and charge structure for pension fund management.
INDIA
UPSC Prelims 2020: Supreme Court dismisses plea to postpone exams
Those suffering from Coronavirus will not be allowed to appear for the civil services prelims exams, said the Supreme Court. The apex court also said that merging 2020 and 2021 UPSC Prelims is not feasible.
BUSINESS
Not just money: Here’s what employment exchanges and career centres in India need
Remodelling employment exchanges and MCCs to make them more IT ready and interlinking them with vacancies across the country could be the way forward. Millions of Indians had already been rendered jobless by the economic slowdown when the Covid pandemic broke, exacerbating the situation
BUSINESS
Blacklisted institutes: State governments will be nudged to take action
Until now, it was the responsibility of the Central government and its agencies to ensure the shutdown or accreditation of these institutes, which have proliferated across the country. However, apart from battling Covid, many State governments are in election mode, with Assembly Polls due in 2021, and regulating blacklisted institutes may not be a key priority
BUSINESS
EXCLUSIVE: For the first time, health segment beats motor insurance
IRDAI data show that while motor insurance premiums saw a 15.7 percent decline, health insurance premiums grew 13 percent YoY in the April 1-August 31 period. Demand for health products because of COVID-19, and non-renewal of vehicle insurance the main reasons.
BUSINESS
One page, two pages or four pages -- how long should your resume really be?
A one-size-fits-all resume will not work for all job applications. Don't go by social media posts to restrict your CV to merely one page if you have relevant skills and work milestones to highlight.
BUSINESS
Remote working: Costs rise for insurers as they scramble to ensure data security and ward off cyber risks
In a bid to ensure that customer data is protected and no third-party gets access to information from their servers, insurers have had to add multiple layers of security. This has seen their costs shoot up
BUSINESS
Lloyd enters refrigerator segment, move to help diversify revenue mix
Havells-backed consumer durables brand Lloyd that is widely known for its air conditioners is now entering the Rs 24,000 crore refrigerator market in India. This could help boost the company revenues in the festive season.
BUSINESS
Six months and counting: Small businesses feel the pinch as workers refuse to return
The continuing Covid threat, fears over not having a job waiting for them, and the sustenance provided by social welfare schemes have made workers stay put in their towns and villages
BUSINESS
GirnarSoft to invest $20 million in InsuranceDekho
InsuranceDekho will use the funding for branding and marketing activities as well as strengthening the product and technology teams.
BUSINESS
Here’s how new-age gig roles in India would look like
Unlike regular gig roles, the new-age gigs would cover qualified professionals professionals. The compensation would be on par or even higher than that of a regular hire. India Inc would have close to 10-15% new-age gig roles in the next five years.
BUSINESS
Have a few lakhs to spend on appliances and want VIP service? BSH Home Appliances has a solution
Products like IoT-enabled refrigerator with camera in the interiors and fridge will interchangeable doors will be available to customers.
